Appdate
The computed 12-month bankruptcy probability of Appdate is 0.5% (very low). The 2025 annual accounts show equity of €47k and a net result of €32k. Equity is growing by ~47.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 170 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €47k |
| Net result | €32k |
| Staff (FTE) | 0.5 |
| Better than sector | 33% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.1% | 36.1% | |
| Net result | €32k | €29k | |
| Equity | €47k | €97k | |
| Gross operating margin | €116k | €90k | |
| Staff costs | €73k | €350k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €43k |
| Net profit | €32k |
| Cash flow | €33k |
| Staff costs | €73k |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €273k |
| Equity | €47k |
| Debt | €226k |
| of which ≤ 1y | €223k |
| of which > 1y | - |
| Working capital | €40k |
| Employees (FTE) | 0.5 |
| 2025 | |
|---|---|
| Current ratio | 1.18 |
| Quick ratio | 1.18 |
| Working capital ratio | 14.7% |
| Solvency | 17.1% |
| Debt / equity | 4.84 |
| Long-term debt ratio | - |
| Interest coverage | 17.33 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.7% |
| ROE | 68.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €273k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €263k |
| Amounts receivable within one year | 40/41 | €126k |
| Cash & bank | 54/58 | €135k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €273k |
| Equity | 10/15 | €47k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €44k |
| Amounts payable | 17/49 | €226k |
| Amounts payable within one year | 42/48 | €223k |
| Trade debts payable within one year | 44 | €109k |
| Income statement | ||
| Gross operating margin | 9900 | €116k |
| Operating result | 9901 | €42k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €39k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €32k |
| Result to be appropriated | 9905 | €32k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2022 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0111/00M002 | Flanders | 8,965 m² | 1 · 1,730 m² | 45.7 m · 14 fl. |
| 23033A0252/00N003 | Flanders | 2,511 m² | 1 · 198 m² | 9.8 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-07-2024 2 directors appointed
- Moot Kenny, Bestuurder
- Anne Vanstraelen, Dagelijks bestuur
Technical details
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"effective_date": "2024-03-27",
"evidence_quote": "Bij beslissing van de bijzondere algemene vergadering van 26 maart 2024, wordt de Heer Moot Kenny benoemd tot 2e bestuurder vanaf 27 maart 2024.",
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"evidence_quote": "Volmacht wordt gegeven aan Anne Vanstraelen voor het ondertekenen van alle stukken: Publicatie Belgisch Staatsblad - aanpassing KBO en BTW.",
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],
"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-07-02",
"filing_date": "2024-06-24",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
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],
"is_correction": false,
"subject_company": {
"kbo": "0785.747.807",
"name_full": "Appdate",
"legal_form": "BV"
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"publication_proxy": {
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Appdate |